Subject: Regulation - Accredited Investor

The SEC has established criteria for preventing people who perhaps
should know better from investing in unregistered securities and other
things that are less well known than stocks and bonds. For example,
if you've ever been interested in buying into a privately held
company, you have probably heard all about this. In a nutshell, for
an individual to be considered a qualified investor (also termed an
accredited investor), that person must either have a net worth of
about a million bucks, or have an annual income in excess of 200k.
Companies who wish to raise capital from individuals without issuing
registered securities are forced to limit their search to people who
fall on the happy side of these thresholds.